Rochester Hills-based Uni-Solar, the flexible solar panel subsidiary of Energy Conversion Devices Inc. (Nasdaq: ENER) Tuesday unveiled a “Technology Roadmap” to 12 percent conversion efficiency by 2012 with a cost per watt of less than $1. In the following years, the company is targeting 20 percent plus conversion efficiency.
The roadmap calls for evolutionary development of the company’s existing technology. This includes enhancing the laminate which will improve conversion efficiencies to 8.2 percent by close of 2010 calendar year, high rate deposition which targets 10 percent by end of 2011, and use of nanotech to result in 12 percent by end of 2012.
“Today, Uni-Solar offers the lightest solar PV products and industry-leading energy output,” said ECD CEO Mark Morelli. “We are continuing to develop our technology by focusing on improving our conversion efficiency to 12 percent and beyond. We have demonstrated that our core technology is capable of conversion efficiency of 15.4 percent in the lab, and we are now focused on translating those results into commercial production volumes at 12 percent and ultimately improve the conversion efficiency to 20-plus percent. Upon successful completion of this advancement to 12 percent, Uni-Solar will offer a differentiated product with superior energy yield and competitive conversion efficiency at a market-competitive system price. This puts us in an excellent competitive position, because as we reach a more competitive level of conversion efficiency, our product differentiation is very compelling to PV buyers.”
Source: WWJ Newsradio 950